St. Kitts Credit Union
The SKCU began in 1982 with a humble gathering and just 15 members. Founded by like-minded individuals seeking to provide financial services to the Basseterre community, it was initially called the Basseterre Co-operative Credit Union (BCCU).
Fueled by dedication and a strong sense of purpose, the BCCU quickly grew. By the end of 1982, it boasted assets of over $1,800 and a positive income statement. This initial success spurred the organization to expand its reach beyond Basseterre, leading to a name change to the St. Kitts Co-operative Credit Union (SKCU) in 1986.
The SKCU's commitment to its members has been a constant theme throughout its history. This is reflected in its steady growth, with membership exceeding 20,000 today and total assets surpassing $221 million.
As the credit union flourished, its need for space grew. After several relocations, the SKCU purchased a building on New Street in 1996 to accommodate its expanding membership. The desire to serve members even more efficiently led to the opening of a modern headquarters building in 2004, featuring the first drive-thru ATM service and teller window in the country. A new, three-story branch offering a variety of services such as conference room rental, night deposit bags, safety deposit box and more was unveiled in December 2023.
The SKCU's commitment extends beyond financial services. In 2007, it partnered with the government to provide housing for members through the Scenic View Homes project.
Looking ahead, the SKCU, with its dedicated members, volunteers, and staff, is poised for a bright future, continuing to serve the financial needs of the St. Kitts community.